New Crypto Bull Run ‘Inevitable’ Says Data Analytics Company CEO

After two years of uncertainty since 2017’s mega bull run, the signs are looking promising for a big crypto rally, says the co-founder of market analytics company Digital Assets Data.  “I believe a major crypto bull cycle is inevitable,” CEO Mike Alfred told Cointelegraph.  Coronavirus shakes up the global economy Several months of coronavirus prevention measures, including business closures and stay-at-home orders, have wounded the global economy. High unemployment numbers means less spending as people look to meet their budgetary needs.  Extended periods of reduced revenue also foreshadow businesses closures.…

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Cameron Winklevoss on Crypto Regulation: “Free-for-Alls Don’t Work”

Known for their regulation-friendly outlook within the crypto industry, Gemini exchange founders Tyler and Cameron Winklevoss hold a hybrid approach to privacy and government rules.  The twin brothers explained in a May 22 podcast interview with Peter McCormack that crypto adoption comes a need for some degree of regulation. Cameron added: “The independence and sovereignty around crypto is unmatched with any technology before, but the onramps have to have an element of thoughtful regulation.” Zero regulation is not the answer Labeled as the 15th and 16th most influential people in…

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Industry Leaders Battle over the Future of Crypto in New Documentary

In his new documentary “Cryptopia: Bitcoin, Blockchains and the Future of the Internet” award-winning filmmaker Torsten Hoffmann gives his perspective on how the crypto industry has evolved in the last five year. His first documentary about crypto “Bitcoin: the End of Money as We Know it” came out in 2015 but a lot has changed since then: new blockchains, characters and narratives have emerged in the crypto space. As the director points out in our conversation, back then the industry was united around Bitcoin and the struggle against the financial…

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Polkadot Mainnet Not Yet Live, Just a Mainnet Candidate

Polkadot (DOT) launched a stand-alone blockchain today, although the network is not considered the project’s mainnet yet. Polkadot sits under the wing of blockchain infrastructure company Parity Technologies, and the Web3 Foundation, a type of incubator for decentralized tech. The Polkadot protocol aims to provide compatibility across different blockchains. “There could be more than one chain candidate before it officially transitions to mainnet,” said Peter Mauric, head of public affairs at Parity Technologies. The solution unveiled a testnet of sorts in 2019. Calling the exploratory product “Kusama,” Polkadot did not…

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Blockstream Founder Adam Back ‘Checks All The Boxes’ as Satoshi

In a recent Cointelgraph interview, Ethereum co-founder and Cardano founder Charles Hoskinon said that he believes that Adam Back “checks all the boxes” as a Satoshi Nakamoto candidate. The puzzle of Satoshi’s true identity never seems to get old. Although Hoskinson admits that he does not have any hard evidence connecting the Blockstream’s founder to the pseudonymous Bitcoin creator, he did make a mental profile of Satoshi — Back seemingly has a perfect fit. Hoskinson believes that Satoshi was somebody, who lived either in Western Europe of the coastal United…

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New Tipbot Uses Cryptocurrency to Incentivize People to Answer Questions

A new kind of cryptocurrency tipbot allows users to pay others to answer their questions on social media, providing a new tool to pool data in the ecosystem. Liser Lee of CCTip told Cointelegraph that the system can help drive engagement or generate expert commentary. It lets users create a Twitter poll and automatically pay anyone who shares it with cryptocurrency, helping a poll gain more exposure and answers. The company is also considering a system pays the poll respondents instead. Other than Twitter, CCTip will also work on Telegram,…

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Binance Futures Traders Long BTC and Altcoins, Even as Bitcoin Price Falls

The majority of top traders on Binance Futures are longing Bitcoin (BTC), Ether (ETH), and 8 other cryptocurrencies. In fact, more than 50% of traders are long on 10 crypto assets despite the current decline in the price of BTC. According to Binance, the current futures positions over the past 24-hours are: Binance Futures. Source: Twitter The data indicates the majority of traders on Binance Futures are still convinced Bitcoin could see a resumption of uptrend in the short to medium-term. Reason why traders are bullish on Bitcoin’s short-term price…

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Was Satoshi a Windows or Mac Guy? We Have the Answer

Most know Laszlo Hanyecz as the “Bitcoin pizza guy,” but this description ignores his role as an early Bitcoin developer. Hanyecz was the one to add MacOS support for the early Bitcoin (BTC) client, and he even invented GPU mining. Hanyecz got into Bitcoin in early 2010 and worked with Satoshi Nakamoto for about a year. Their work was mostly about fixing various bugs, then it became about Apple’s compatibility with Bitcoin: Satoshi Nakamoto didn’t own a Mac and didn’t know how to develop for the Apple operating system. “Bitcoin…

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Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm

LG has partnered with United States-based company Evernym to develop blockchain ID technology. Asian financial news outlet Aju Business Daily reported on May 26 that LG CNS — LG’s IT services subsidiary — signed a memorandum of understanding with Evernym. The collaboration between the two firms aims to develop international digital identity standards at the World Wide Web Consortium. A new identity standard for the web To establish the new standard, the two firms decided to jointly develop a blockchain-based decentralized authentication system to replace international driver’s licenses and passports.…

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Ethereum Investors Appear to FOMO as Speculation Mounts Around ETH 2.0

The upcoming launch of Ethereum 2.0 has investors and market participants alike speculating whether Ether is preparing for a moonshot. After the most recent correction that saw prices plummet to $191, many have claimed that the smart contracts giant hit market bottom. Santiment, a behavior analytics platform, noticed that some Reddit users are becoming overwhelmingly bullish, and FOMO seems to be building up. The firm was able to collect some of the most popular comments on the social network, which include: “Y’all got anymore of that $200 ETH? My funds…

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